The Extreme Ultraviolet Lithography Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Extreme Ultraviolet Lithography Global Market Report 2024, The extreme ultraviolet lithography market size has grown exponentially in recent years. It will grow from $4.06 billion in 2023 to $5 billion in 2024 at a compound annual growth rate (CAGR) of 23.2%. The growth in the historic period can be attributed to increased semiconductor device complexity and miniaturization, demand for higher resolution and reduced line widths in semiconductor manufacturing, r&d investments in semiconductor fabrication technologies, transition to advanced nodes in semiconductor manufacturing (e.g., 7nm, 5nm, 3nm), need for enhanced productivity and yield in semiconductor fabs.
The extreme ultraviolet lithography market size is expected to see exponential growth in the next few years. It will grow to $11.69 billion in 2028 at a compound annual growth rate (CAGR) of 23.7%. The growth in the forecast period can be attributed to adoption of euv lithography in memory and logic device production, market growth in emerging economies and developing semiconductor markets, focus on high-volume manufacturing with euv technology, integration of ai and machine learning in semiconductor manufacturing. Major trends in the forecast period include multi-patterning techniques with euv, high numerical aperture (na) euv systems, advanced euv mask technologies, euv pellicles for mask protection, metrology and inspection solutions for euv, high-throughput euv systems for production.
Increasing demand for smartphones is expected to boost the demand for the extreme ultraviolet lithography market. Extreme ultraviolet lithography (EUVL) is an advanced technology used for manufacturing more powerful microprocessors than traditional ones for smartphones and personal computers. EUV lithography helps build compact electronic chips with less complexity, reduced cost, and fewer power requirements. For instance, in March 2022, according to the Cybercrew article, a UK-based company association of tech-obsessed people that works on computers, mobile phones, and gaming, around 87% of adults owns smartphones in the year 2020 and with a global smartphone penetration rate of 78.9%, the UK is ranked second. Thus, increasing demand for more advanced smartphones creates a higher demand for EUV lithography to enable chipmakers to produce faster, smaller, and more powerful chips.
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The extreme ultraviolet lithography market covered in this report is segmented –
1) By Equipment: Light Source, Mirrors, Mask, Other Equipments
2) By Light Source: Laser-produced Plasma, Gas Discharge, Vacuum Sparks
3) By End User: Integrated Device Manufacturers (IDM), Foundry, Other End-Users
The high price of extreme ultraviolet lithography systems may restrict the growth of the extreme ultraviolet lithography market. A lithography machine is one of the major tools in manufacturing chips. High-end lithography machines for cutting the most sophisticated chips are produced by only one company, ASML. The extreme ultraviolet lithography machine is made of more than 1,00,000 parts and costs about $120 million. Therefore, the high price of the systems may restrict the growth of the extreme ultraviolet lithography market.
The extreme ultraviolet lithography market report table of contents includes:
1. Executive Summary
2. Extreme Ultraviolet Lithography Market Characteristics
3. Extreme Ultraviolet Lithography Market Trends And Strategies
4. Extreme Ultraviolet Lithography Market – Macro Economic Scenario
5. Global Extreme Ultraviolet Lithography Market Size and Growth
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31. Global Extreme Ultraviolet Lithography Market Competitive Benchmarking
32. Global Extreme Ultraviolet Lithography Market Competitive Dashboard
33.Key Mergers And Acquisitions In The Extreme Ultraviolet Lithography Market
34. Extreme Ultraviolet Lithography Market Future Outlook and Potential Analysis
35. Appendix
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